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Indian benchmark equity indices extended their decline on Thursday, with both the Nifty50 and BSE Sensex trading in the red during early deals. The Nifty50 hovered just above the 26,100 level, while the Sensex slipped below 84,950.At 12:26 pm, the Nifty50 was at 25,935, down 205 points or 0.78%. The BSE Sensex was trading at…
Every festive season, India’s cultural affinity for gold expresses itself in strong demand. (AI image) By Navneet MunotIndia is a country of enormous diversity, with languages, customs and beliefs varying widely across regions. Yet one financial habit cuts across income levels and geography. Most households have grown up buying physical gold or silver every year…
BENGALURU: TCS has put on hold the final anniversary appraisals for some employees due to work-from-office (WFO) non-compliance in previous quarters. TCS’s final anniversary appraisal process follows an annual cycle after the completion of an employee’s work anniversary. An anniversary (one-year completion) email is sent to eligible freshers, and the update is also reflected on…
PM Narendra Modi, on Thursday, extended his condolences over the passing of Agnivesh Agarwal, the 49-year-old Vedanta Group director. Taking to X, PM Modi wrote, “The untimely passing of Shri Agnivesh Agarwal is deeply shocking and saddening. The depth of your grief is evident in this touching tribute. Praying that you and your family find…
Getting real with AI by tracking audited metrics is the need of the hour for IT firms. While companies highlighted aggressive AI adoption by giving out the percentages of new code generated by AI and workforce skilling metrics, audited financial data that presents the real productivity impact is yet to fully show up. A comparison…
Asian share markets traded mixed on Thursday, as investors turned cautious ahead of a batch of key US labour market data due later this week.In Hong Kong, the HSI was down 322 points or 1.22%, to trade at 26,136. Nikkei also dipped 579 points to 51,382, a loss of 1.12%. Shanghai traded in green, with…
California will lose $160 million for delaying the revocations of 17,000 commercial driver’s licenses for immigrants, federal transportation officials announced Wednesday. Transportation Secretary Sean Duffy already withheld $40 million in federal funding because he said California isn’t enforcing English proficiency requirements for truckers. The state notified these drivers in the fall that they would lose…
NEW DELHI: The latest GDP numbers at current prices will provide cheer to the Centre’s budget team as it works out the final set of numbers for the current fiscal year.Although the nominal GDP growth was estimated at 8%, slower than the 10.1% assumed at the time of presenting the budget, the latest data released…
NEW DELHI: As Indian and European negotiators enter what is seen to be the final rounds of talks for a free trade agreement (FTA), the local auto companies are wary of Chinese electric vehicles using European Union as a gateway to enter the domestic market at lower duty.As a result, auto players have demanded that…
The manufacturing sector remained robust and is estimated to grow by 7% in 2025-26 as opposed to 4.5% last fiscal while construction continued to be healthy at a growth rate of 7%, compared with an increase of 9.4% in 2024-25. Nominal GDP, which accounts for inflation, is estimated to grow by 8% in 2025-26.The crucial…
